The Economic Times

Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissented

Treasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which aims to curb global economic imbalances. Bessent urged other nations to adopt measures similar to the Trump administration's trade policies. He also previewed upcoming discussions between President Trump and President Xi Jinping. The G20 meeting also saw discussions regarding Iran and Russia's participation.